Education Loan Scheme

Special Features Added:

• Sapno ki Udaan” -Education Loan Campaign” - (Sapna Apka …… Sath Humara……!!!)
  -------- Campaign Period- 23^rd May to 31^st July 2022.
  • 0.15% concession in applicable ROI (Starting ROI 7.70%) to all IIMs, IITs, ISB & XLRI Jamshedpur students. (Additional feature during campaign period only)
  • Additional educational expenses of Rs 1.50 lakh within the overall limit of loan scheme for purchase of 2 wheelers for convenience in commutation. (for Premier institutions under Maha Scholar Education Loan Scheme)
• No Margin Money. Up to 100% financing (for Premier institutions)
• NO collateral security (for Premier institutions).
• ROI concession to Girl student.
• Instant In-principle sanction before registration in Institutions.
• Longer repayment period upto 15 years (Excluding Moratorium) to reduce the EMI burden.
• Loan will cover tuition fees, hostel fees, cost of books etc.

Special Education Loan schemes:-